Deals
Einhorn’s Greenlight Buys Yahoo Shares, Sells UnitedHealth, Hess
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David Einhorn’s hedge fund Greenlight Capital Inc. bought shares of Yahoo! Inc. and General Motors Co. during the third quarter while selling stakes in UnitedHealth Group Inc. and Hess Corp.
Einhorn’s fund purchased a 5.05 million-share stake in Yahoo and added 4.16 million GM shares during the three months ended Sept. 30, according to a filing with the Securities and Exchange Commission today. The hedge fund sold 2.29 million shares of UnitedHealth, 4.59 million in CareFusion Corp. and